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On 11th May 2023, the Bank of England raised the interest rate from 4.25% to 4.50%. This is its highest level in 15 years. Inflation
What is a Limited Company? A limited company is a business entity established by shareholders investing capital. Although the investment is made by the shareholders,
New corporation tax rates are coming into effect from April of this year. The initial announcement of the April 2023 Corporation Tax increase was made
When you run a business as a sole trader, one of the benefits is that initially you don’t pay any tax on revenues – this
On the 15th of December 2022, the Bank of England (BoE) raised its interest rate by 0.5% points to now 3.5%. The interest rate set
A new forecast has warned that the UK may likely face a recession in the next three quarters although the risk of a severe economic
The last few weeks have indeed seen a series of topsy-turvy events unfold in UK politics. First, the government’s rather controversial Mini Budget and Growth
Tax reliefs or tax refunds in the UK’s high-flying film industry are among the most transparent, widely recognised and inclusive production incentives in the world.
The UK Government is committed to encouraging more people to buy electric car through business or EVs. In fact, they are now offering rather generous
Taxes are the major source of income for any government that are subsequently used for the welfare of the people or incurring expenditure for the
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